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David and Helen Zhang are saving to buy a boat at the end of five years. If the boat costs $23,000 and they can earn
David and Helen Zhang are saving to buy a boat at the end of five years. If the boat costs $23,000 and they can earn 8% a year on their savings, how much do they need to put aside at the end of years 1 through 5? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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